NewEdge Advisors LLC Trims Position in SPDR Portfolio Aggregate Bond ETF $SPAB

NewEdge Advisors LLC decreased its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 9.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,697,190 shares of the company’s stock after selling 182,871 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $43,482,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Brookwood Investment Group LLC lifted its position in shares of SPDR Portfolio Aggregate Bond ETF by 4.2% in the 4th quarter. Brookwood Investment Group LLC now owns 9,719 shares of the company’s stock worth $250,000 after purchasing an additional 389 shares during the period. Rossby Financial LCC increased its position in shares of SPDR Portfolio Aggregate Bond ETF by 43.5% during the fourth quarter. Rossby Financial LCC now owns 1,293 shares of the company’s stock valued at $33,000 after buying an additional 392 shares during the period. Gould Capital LLC raised its stake in SPDR Portfolio Aggregate Bond ETF by 44.0% in the fourth quarter. Gould Capital LLC now owns 1,440 shares of the company’s stock worth $37,000 after buying an additional 440 shares in the last quarter. Garrett Wealth Advisory Group LLC raised its stake in SPDR Portfolio Aggregate Bond ETF by 2.7% in the fourth quarter. Garrett Wealth Advisory Group LLC now owns 19,326 shares of the company’s stock worth $498,000 after buying an additional 516 shares in the last quarter. Finally, Visionary Wealth Advisors raised its stake in SPDR Portfolio Aggregate Bond ETF by 1.0% in the second quarter. Visionary Wealth Advisors now owns 54,919 shares of the company’s stock worth $1,406,000 after buying an additional 558 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of SPAB opened at $25.10 on Friday. The company has a 50-day simple moving average of $25.34 and a two-hundred day simple moving average of $25.57. SPDR Portfolio Aggregate Bond ETF has a one year low of $25.03 and a one year high of $26.17.

About SPDR Portfolio Aggregate Bond ETF

The SPDR Portfolio Aggregate Bond ETF (SPAB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Corporate index. The fund tracks a market value-weighted index of the aggregate USD-denominated investment-grade bond market with at least one year to maturity. SPAB was launched on May 23, 2007 and is managed by State Street.